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Key:
Admin,
Global Mod,
Mod
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Joined: Jan 2014
Posts: 6,814
14 point
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14 point
Joined: Jan 2014
Posts: 6,814 |
The company I'm working for provides me with a company truck but they pay .58 cents a mile if you use yours. I drive between 200 and 400 miles a day. Just wanted to see what y'alls thoughts were. Keep driving their's or get one to work out of and take the mileage.
Free men aren't equal and equal men aren't free! I choose to defend my freedom!
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Joined: Nov 2011
Posts: 22,606 Likes: 22
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 22,606 Likes: 22 |
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Joined: Jan 2018
Posts: 6,196 Likes: 17
12 point
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12 point
Joined: Jan 2018
Posts: 6,196 Likes: 17 |
So you're looking at making $100 to $200 a day just on mileage? Know what I would do.
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Joined: Jan 2018
Posts: 6,196 Likes: 17
12 point
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12 point
Joined: Jan 2018
Posts: 6,196 Likes: 17 |
So you're looking at making $100 to $200 a day just on mileage? Know what I would do.
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Joined: Jan 2019
Posts: 4,938
12 point
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12 point
Joined: Jan 2019
Posts: 4,938 |
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Joined: Nov 2003
Posts: 6,713
14 point
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14 point
Joined: Nov 2003
Posts: 6,713 |
I've done both. I'll take company truck.
Sig Sauer, to hell and back reliable.
Whatever suits you just tickles me plum to death.
Can I refill your eggnog for you? Get you something to eat? Drive you out to the middle of nowhere and leave you for dead?
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Joined: Feb 2013
Posts: 8,618 Likes: 20
14 point
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14 point
Joined: Feb 2013
Posts: 8,618 Likes: 20 |
Driving theirs is going to be a better deal. But, if you have a nice truck sitting at home that is costing you money, you may come out better using a singular vehicle for work and personal, and covering most of the expense and depreciation through the mileage reimbursement.
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Joined: Jun 2015
Posts: 15,387 Likes: 80
Old Mossy Horns
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Old Mossy Horns
Joined: Jun 2015
Posts: 15,387 Likes: 80 |
I drive a similar amount and wish I had a company vehicle. That many miles you'll depreciate a vehicle RAPIDLY.
Hit a deer, not your problem. When gas goes up, not directly your problem. When you blow a tire and thrash a fender, not your problem.
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Joined: Aug 2003
Posts: 44,380 Likes: 28
Freak of Nature
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Freak of Nature
Joined: Aug 2003
Posts: 44,380 Likes: 28 |
I'd keep miles low on my truck
LUCK:::; When presistence, dedication, perspiration and preparation meet up with opportunity!!! - - - - - - - -A government big enough to give you everything you want, is big enough to take everything you have. Thomas Jeferson - - - - - - - -
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Joined: Nov 2003
Posts: 6,713
14 point
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14 point
Joined: Nov 2003
Posts: 6,713 |
Lots of ways to lose money using your truck. The only way I've ever seen it being a money maker was when a coworker bought an older vehicle for $5k. He paid cash for it, did almost all the maintenance himself, bought used tires off eBay,...
Sig Sauer, to hell and back reliable.
Whatever suits you just tickles me plum to death.
Can I refill your eggnog for you? Get you something to eat? Drive you out to the middle of nowhere and leave you for dead?
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Joined: Oct 2009
Posts: 7,069 Likes: 50
14 point
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14 point
Joined: Oct 2009
Posts: 7,069 Likes: 50 |
I have a company truck, way better than driving your own.
"And the days that I keep my gratitude Higher than my expectations Well, I have really good days" Ray Wylie Hubbard
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Joined: Apr 2003
Posts: 4,002 Likes: 10
10 point
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10 point
Joined: Apr 2003
Posts: 4,002 Likes: 10 |
I drive a similar amount and wish I had a company vehicle. That many miles you'll depreciate a vehicle RAPIDLY.
Hit a deer, not your problem. When gas goes up, not directly your problem. When you blow a tire and thrash a fender, not your problem. Never had a company truck to drive but this makes perfect sense to me. The peace of mind would make my work day much better.
"We aren't here to justify your feelings and give you self worth" - Aldeer Welcome Center
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Joined: May 2016
Posts: 1,582
8 point
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8 point
Joined: May 2016
Posts: 1,582 |
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Joined: Dec 2018
Posts: 1,500
8 point
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8 point
Joined: Dec 2018
Posts: 1,500 |
I’ve done it both ways in years past I’d always go company truck if I had the choice.
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Joined: Jan 2014
Posts: 6,814
14 point
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14 point
Joined: Jan 2014
Posts: 6,814 |
Ok company truck it is. Guess it was the lure of the money that got to thinking about it.
Free men aren't equal and equal men aren't free! I choose to defend my freedom!
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Joined: Jan 2014
Posts: 10,586 Likes: 2
Lucky Bastage
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Lucky Bastage
Joined: Jan 2014
Posts: 10,586 Likes: 2 |
Company Truck.
I had a company truck for the last 10 years. Thats the ONLY thing I miss about my old place of employment.
The fool tells me his reasons; the wise man persuades me with my own.
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Joined: Dec 2015
Posts: 27,316 Likes: 252
Pumpkin - The Thermal Expert
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Pumpkin - The Thermal Expert
Joined: Dec 2015
Posts: 27,316 Likes: 252 |
Average 300mi/day x 5days/week = 1500mi x $.56 = $840.00 x4weeks in a month = $3360.00/month Subtract $50.00/day youll put in the gas tank and you have $2360.00/ month left Hard for me to believe all you fellas would turn down $2360.00 a month just so you can drive another mans truck. You could buy you a brand new work truck and one to keep at home and have a good bit left over at that rate. Is my math right, or am I missing something?
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Joined: Jul 2005
Posts: 10,280 Likes: 10
Booner
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Booner
Joined: Jul 2005
Posts: 10,280 Likes: 10 |
Are they paying gas on both options?
If you want to always win, never play anyone better than you!
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Joined: Feb 2002
Posts: 46,056 Likes: 232
Freak of Nature
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Freak of Nature
Joined: Feb 2002
Posts: 46,056 Likes: 232 |
Are they paying gas on both options? No company will pay gas AND mileage.
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Joined: Apr 2017
Posts: 4,597
10 point
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10 point
Joined: Apr 2017
Posts: 4,597 |
72k miles a year on average youd make $42k for gas and maintenance. How big a truck do you need? you could find something with excellent gas mileage and it might work to your advantage. Company truck saves you alot of headache though no maintenance, insurance or payments. id probably take the company truck and let them deal with the problems when they arise.
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